SOURCE: Insight Management Corporation

Insight Management Corporation

August 24, 2009 07:00 ET

Insight Management Remains on Track to Deliver on Its Near-Term Growth Plans

ORCUTT, CA--(Marketwire - August 24, 2009) - Insight Management Corporation (OTCBB: ISIM) today revealed additional details about its near-term growth strategy. With a solid foothold in the natural gas pipeline services industry now established, the company expects meaningful growth through the acquisition of other oil and gas enterprises that are both complementary and offer greater diversity in revenue streams. The company is committed to finding appropriate targets in the $15 million to $25 million revenue range that will be accretive to the company's capital structure. In the meantime, revenues of its wholly owned subsidiary, Rebel Testing, Inc. (RTI) are expected to grow organically, as demand for natural gas pipeline and well servicing remains steady.

Commenting on the company's strategy, President and CEO, Jennifer Rapacki, noted, "The cost effectiveness of alternative fuel sources like wind energy remains some time away. Right now, natural gas offers the U.S. an abundant resource more readily accessible and which it may utilize to greater effect as a less carbon intensive energy source compared to coal for running electric power plants. With the acquisition of Rebel Testing and the merger with Microresearch completed, we look forward to concentrating on the business at hand, growing our company, and delivering the best possible oil and gas services to our customers."

For more information, please contact Investor Relations at +1-866-787-3588 or by email at ir@insightmanagementcorp.com

About Insight Management Corporation

Insight Management Corporation (ISIM) is a public holding company whose core business is focused in the oil and gas industry. The company has a strategic plan for growth through acquisition and functions from the perspective of an engineering firm. This is the nucleus that directs what acquisitions are made and creates strategic alliances, develops proprietary technology and patents that bring the expertise and ultimately creates the real value for Insight Management. The Company expects to retain the strong management teams in each business unit, capitalizing on their local knowledge of competitors and operating climate, along with their loyal customer relationships.

About Rebel Testing, Inc.

Rebel Testing, Inc. (RTI), of Gillette, Wyoming, has been in business for over eighteen years, employs twenty personnel, and is a leading Rocky Mountain regional oil and gas service provider. RTI's 2008 revenues were $3.4 million with 32% net profit. The company maintains a fleet of pump hoist trucks to service natural gas well pumps, and services and pressure tests blow out preventers. Customers include, among others, two Fortune 500 oil and gas corporations.

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. ISIM has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the ISIM's current beliefs and are based upon information currently available to it.

Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the ISIM's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. ISIM undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

Contact Information